Wednesday, February 02, 2022 01:06:13 UTC
Google's fourth-quarter earnings crushed expectations and they announced a 20-for-1 stock split, pushing shares up substantially in extended hours trading.
As a result of the post-pandemic increase in marketing spending by corporations around the world, Google parent Alphabet (GOOGL) – Get Alphabet Inc. Class A Report recorded considerably greater fourth quarter results Tuesday and authorized a 20-for-1 split of its stock.
Alphabet reported a record $20.6 billion, or $30.69 per share, in earnings for the three months ending in December, up 37.6 percent from the same time last year and well ahead of the Wall Street consensus expectation of $27.48 per share, which was expected.(More)
@google @microsoft @google @microsoft
#googl #google #alphabet #search #internet #microsoft #apple #tesla #earnings #stocksplit
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Wednesday, February 02, 2022 00:49:58 UTC
With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.
The new record is for the entire outstanding debt of the federal government, which includes $23.487 trillion in public debt and an additional $6.525 trillion in intra-government debt, such as federal trust funds and other account.
A $5 trillion borrowing spree for pandemic relief was well underway before the coronavirus spurred an increase in Congress' spending at a regular pace.(More)
US DEBT SURPASSES $30 TRILLION
Wednesday, February 02, 2022 00:49:58 UTC
With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.
The new record is for the entire outstanding debt of the federal government, which includes $23.487 trillion in public debt and an additional $6.525 trillion in intra-government debt, such as federal trust funds and other account.
A $5 trillion borrowing spree for pandemic relief was well underway before the coronavirus spurred an increase in Congress' spending at a regular pace.
#spx #irs #treasurydepartment #debt #spending #pandemic #federal #trust #funds #covid
N/A
A massive options trade may be the culprit for the S&P dump just before market close Thursday afternoon.
The trade at 11:00 a.m. was a huge collar options trade involving the sale of around 44,000 June calls and the purchase of an equal number of June put spreads, which would pay out if the S&P 500 fell more than 5% from its current level.
The trade also included the sale of around 24,800 calls tied to the S&P 500's 4,300 level, which were due to expire at the end of Thursday's trading session as a strategy to protect against any severe market moves during the trading day.
A collar is a type of options hedging strategy that combines puts and calls.(More)
WHAT HAPPENED LAST NIGHT?
N/A
A massive options trade may be the culprit for the S&P dump just before market close Thursday afternoon.
The trade at 11:00 a.m. was a huge collar options trade involving the sale of around 44,000 June calls and the purchase of an equal number of June put spreads, which would pay out if the S&P 500 fell more than 5% from its current level.
The trade also included the sale of around 24,800 calls tied to the S&P 500's 4,300 level, which were due to expire at the end of Thursday's trading session as a strategy to protect against any severe market moves during the trading day.
A collar is a type of options hedging strategy that combines puts and calls.
#spx #dow #aapl #spy #irs #treasurydepartment #debt #spending #pandemic #federal #trust #fu